The focus of this text is to teach and illustrate the fundamentals of microeconomics as it relates to the administration and enforcement of antitrust laws both domestically and internationally. The chapters instruct as to the fundamentaleconomic constructs relevant to the analysis of antitrust injury, as well as address both legal and economic issues with respect to the measurement of antitrust damages. Each chapter provides the student, practitioner, consultant and/or judicial officer critical insight with respect to the analysis and measurement of competitive injury and any resulting business damages. This book is designed to serve as 1) a companion text in any antitrust law class; 2) a supplemental text in any managerial economics class; and 3) a resource to practitioners and consultants in the field of antitrust and industrial organization.The study of antitrust law is an interdisciplinary endeavor. While the traditional case method approach provides a solid introductory foundation, such an approach, absent any applied economic theory, will likely result in a stale, task-oriented classroom and/or jurisprudential environment, primarily devoted to categorizing an evolving common law history. Given the arbitrarily imposed time constraints imposed by an institutional semester or an administrative judge, one cannot expect to teach or learn all the intricacies of microeconomics, but since an understanding of microeconomics fundamentals will result from an understanding of the underlying assumptions of the model of perfect competition, one can expect to achieve a certain level of competence in their application.Each of the contributing authors is recognized for his or her scholarship and expertise in the antitrust regulatory field. The totality of their varied backgrounds and experiences not only illustrates the robust nature of the book's contents, but also illustrates the profound interdisciplinary nature of regulating competition in the markets of the world.

One might mistakenly think that the long tradition of economic analysis in antitrust law would mean there is little new to say. Yet the field is surprisingly dynamic and changing. The specially commissioned chapters in this landmark volume offer a rigorous analysis of the field's most current and contentious issues. Focusing on those areas of antitrust economics that are most in flux, leading scholars discuss topics such as: mergers that create unilateral effects or eliminate potential competition; whether market definition is necessary; tying, bundled discounts, and loyalty discounts; a new theory of predatory pricing; assessing vertical price-fixing after Leegin; proving horizontal agreements after Twombly; modern analysis of monopsony power; the economics of antitrust enforcement; international antitrust issues; antitrust in regulated industries; the antitrust-patent intersection; and modern methods for measuring antitrust damages. Students and scholars of law and economics, law practitioners, regulators, and economists with an interest in industrial organization and consulting will find this seminal Handbook an essential and informative resource.

The Law and Economics of Patent Damages, Antitrust, and Legal Process examines several areas of important research by a variety of international scholars. Areas include technical papers on the appropriate way to estimate damages in patent disputes and methods for evaluating relevant markets.

Impact : injury and causation -- Antitrust injury and standing -- Statute of limitations -- Quantifying damages -- Economic and financial concepts -- Econometrics and regression analysis -- Evaluating the scientific validity of a damages model -- Overcharges -- Damages in exclusionary conduct cases -- Proof of Robinson-Patman act damages -- Proving antitrust damages in jurisdictions outside the United States

Policy and Measurement: Basic Economics of Antitrust; History and Ideology in Antitrust Policy; Market Power and Market Definition; The Substance of Antitrust: Antitrust Policy Toward Collusion and Oligopoly; Joint Ventures of Competitors, Concerted Refusals, Patent Licensing, and Rule of Reason; Exclusionary Practices and the Dominant Firm: Basic Doctrine of Monopolization and Attempt; Exclusionary Practices in Monopolization and Attempt Cases; Predatory Pricing; Vertical Integration and Vertical Mergers; Tie-Ins, Reciprocity, Exclusive Dealing and the Franchise Contract; Intrabrand Restraints on Distribution; Mergers of Competitors; Conglomerate Mergers; Price Discrimination and the Robinson-Patman Act; Antitrust as a Regulatory Institution: Public Enforcement of the Federal Antitrust Laws; Private Enforcement; Damages; Antitrust and the Process of Democratic Government; Antitrust and Federal Regulatory Policy; Antitrust Federalism and the "State Action" Doctrine; Reach of the Federal Antitrust Laws.

This book anticipates virtually every antitrust issue you can expect to face, including: horizontal and vertical restraints; joint ventures; private treble damage actions; price fixing; and more.

There is no book on the market that currently deals with the multifarious dimensions of law and economics to prepare students for the legal issues in law and economics, at home and abroad. It is unique because it incorporates all the main aspects of economics that are essential for the practice of law. It includes microeconomics, macroeconomics, econometrics, finance, professional ethics, and international economics. The book has been written for all those who are interested in mastering the economic and financial theories that provide advantages in the analysis and practice of law and economics.